Wool Producers calls on AWI shareholders to not leave proxies undirected

Wool-bales

Three vacancies exist for the board and the AWI director elections are an opportunity for shareholders to have their say on who they think will best serve the wool industry in the challenging and evolving environment that the industry is currently operating in.

Peak woolgrower representative body, WoolProducers Australia (WoolProducers) is calling on all Australian Wool Innovation (AWI) shareholders to vote in this year’s director elections and not leave proxies undirected.

WoolProducers have carefully considered the seven candidates and are supporting the recommendation of the Board Nomination Committee (BNC), being incumbents Mr Jock Laurie, Mr Don Macdonald and new candidates Ms Georgia Hack and Mr Steven Read, while also asking registered shareholders to consider Mr Michael Field.

WoolProducers President Mr Ed Storey said in determining this recommendation WoolProducers undertook a rigorous process of seeking the views of each of the seven candidates on a range of issues currently affecting industry.

“We were very pleased to see the candidate responses and we believe our industry is fortunate to have such a diverse field of quality candidates that have put themselves forward for election.” Mr Storey said.

In considering the suitability of candidates, WoolProducers took a principled and merit-based approach to this decision, with consideration given to the opportunity for some board renewal, supply-chain knowledge, corporate governance and business acumen skills.

“WoolProducers believes that all of these recommended candidates offer different perspectives and skills that will help position the industry into the future.

“In a post-pandemic world, we need to have an agile and responsive Board to take our industry forward, not get bogged down in history and domestic politics whilst also operating in an accountable and transparent manner,” Mr Storey said.

Three vacancies exist for the board and the AWI director elections are an opportunity for shareholders to have their say on who they think will best serve the wool industry in the challenging and evolving environment that the industry is currently operating in.

“While production knowledge is an essential skill to have on the board of AWI, WoolProducers believes that existing directors of AWI adequately address these requirements.

“We would like to see some board renewal to ensure that there is appropriate knowledge of the other important facets or our global supply chain and believe that we can work constructively with the successful candidates of our recommended nominees”. Mr Storey said.

WoolProducers thanks all candidates, who are obviously passionate about the Australian wool industry, for putting their name forward for the AWI director election and wish them every success.

If registered shareholders have not received the ballot papers by now, please contact Link Marketing Services on 1800 990 363.

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